Money & Career
Selling Your Home During the Holidays
11/2/2017 1:14:17 PM
Selling

The holidays are quickly approaching and if you’re ready to sell your home, you’re in a tough position: Should you put it on the market now or wait until the holiday season — and maybe even winter — is over?

Nationwide, home sales usually peak in the summer and then decline through the holidays, bottoming out in the dead of winter, after the first of the year. But if you need to sell your home, don’t let that deter you. In fact, you might even find it encouraging.

As realtor.com explains, many sellers choose not to list their homes over the holidays, creating a shortage of inventory. If you’re in the market to sell, that translates to less competition. 

In addition, buyers who are actually looking to purchase a home during the holiday season are likely to be extremely motivated. Oftentimes they’re relocating for work, but whatever the reason, if they’re actively searching, they probably want to buy and move as quickly as possible.

It’s also worth noting that winters in Southwest Louisiana are mild. Homebuyers here don’t have to deal with snowy and icy conditions like their counterparts in colder states.

In addition, weather matters a lot less to homebuyers than it used to because of one thing: the internet. Sites such as Trulia, realtor.com, and Zillow make it easy for buyers to look at listings online year-round, no matter the weather.

That said, there are still drawbacks to having your home on the market during the holidays. For one thing, keeping your home ready to show at a moment’s notice is hard enough when it’s not the season for entertaining holiday guests. 

But you have the flexibility to limit the days and times when your home is available for showings. Realtor.com notes that you can create "blackout dates.” If you have relatives coming to stay for a few days, for example, you can simply make those days off-limits for showings — if you want to, that is. Keep in mind that the more available your home is for showings, the sooner you’re likely to find a buyer.

Finally, though it’s certainly okay to decorate your home for the holidays, do your best to keep decorations simple and tasteful. Different people have different opinions about what looks nice and what doesn’t, and the last thing you want to do is lose a potential buyer because your decorating style gave them a bad impression of your home.

Armed with these tips, you can feel confident about selling your home during the holidays. But if you’re still feeling hesitant, consider waiting until January. As Zillow notes, inventory is still usually low at the first of the year, which will give you a head start on all those sellers who will flood the market in the spring.
Posted by: Andrea Mongler | Submit comment | Tell a friend

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